How BAD is it?

The best you can do is $0.005 to $0.008 per point! That's cr@p. Below you can see how to get 3-4x that. It is available at lots of participating locations. But DON'T change more points than you need because you lose anything you don't spend (If you change 10k points for $50 and only spend $40 on dinner, the rest is lost).

Redemption Chart (Points for “anything”)

Hyatt Points

U.S. Dollars

Value per point

2,000

$10

$0.005 (really bad!)

5,000

$25

$0.005

10,000

$50

$0.005

12,000

$75

$0.006

15,000

$100

$0.007

20,000

$150

$0.008

32,000

$250

$0.008

60,000

$500

$0.008

120,000

$1,000

$0.008 (still very bad!)

Using Points For Hotel Stays is Better!

I checked prices for a sample hotel in each category and found that if you use points for free hotel nights, your points are now worth 2 to 3 cents per point or more. That's a lot more than 0.8 cents per point! To sum it up: use your points for hotel stays. In other words, if you have 12,000 points you can get something worth $150 (a hotel night) or something worth $75 (dinner, parking…). You decide.

Hyatt Hotel Directory by Category

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About TheRewardBoss

Want to see how I earn enough points and miles to travel for free? Read this first. Be one of the 10s of 10s of people who subscribe to receive email updates whenever I post a new article. Enter your email address in the top left corner of the site and that’s it. Cancel anytime. Follow me on Facebook, Twitter, Google+, or RSS feed. Take a Free Lyft.